Fistein
10-07 12:46

$SS SPDR STI ETF(ES3.SI)$  $6.5 Target Price. 

--ES3 Overview--

STI ETF acts as the grand archway to Singapore's economy. It does not chase speculative tech hype. It anchors your wealth into the physical infrastructure of South East Asia's best companies.

STI ETF packs the 30 largest and most liquid Singapore blue chips into a single transaction. It is a matured cash flowing machine tailored for local investors who value ironclad stability and a steady stream of domestic income.

Expense ratio is 0.30%

--Growth Catalysts for ES3--- 

The Golden Harvest: For income focused investors, STI ETF pays a dividend yield of 3.07% every 6 months.

Top Holdings:

The STI ETF is heavily weighted toward the 3 big Singapore banks DBS, OCBC and UOB, making up almost 60% of the fund. Then there is Singtel, SGX, ST Engineering, Keppel, CICT, Jardine Matheson Holdings and Yangzijiang Shipbuilding Holdings.

The Track Record :

STI ETF has been on an absolute Bullish trend. It clocked a phenomenal 39.73% YoY and total return due to the explosive rally led by the 3 banks.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • skythelimit
    10-07 13:22
    skythelimit
    That 3.07% semiannual yield is the part that matters for retirement cash flow, and the bank weight is exactly why ES3 stays boring in a good way
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